The Australian Trade Commission (Austrade) is a statutory agency within the Foreign Affairs and Trade portfolio, established by the Australian Trade Commission Act 1985. Austrade’s Chief Executive Officer (CEO) Peter O'Byrne reports directly to the Minister for Trade. Austrade’s mission is to contribute to community wealth by helping more Australians succeed in export and international business by providing advice, market intelligence and support to Australian companies to reduce the time, cost and risk involved in selecting, entering and developing international markets. In addition Austrade provides advice and guidance on overseas investment and joint venture opportunities. Austrade operates in more than 115 overseas locations in over 60 countries. Austrade's domestic network comprises 18 Austrade offices and 54 TradeStart offices including 8 Export Hubs.